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AlgebraQ&A LibraryChapter 7, Section 7.3, Question 030An abandoned building's value is 250(0.96)' thousand dollars. When will Etienne be able to buy the building with his savings account, which has $190,000 at year t= 0 and is growingby 12% per year?Round your answer to three decimal placesEtienne can buy the building inyearsthe absolute tolerance is +/-0.01Open Show WorkClick if you would like to Show Work for this question:Question

Asked Dec 2, 2019

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Step 1

Given:

Abandoned building’s value is

Step 2

First covert the thousand dollars value to dollars:

Step 3

The time after which Etienne will be able ...

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